OEX 20.0% 0.6¢ oilex ltd

Ann: Cambay-77H Well 4 1/2 inch casing set and ce, page-14

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  1. 31,884 Posts.
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    re: Ann: Cambay-77H Well 4 1/2 inch casing se... Bottom line is the selling are not really sellers, they are actually buyers but are using their holding to bully the market to a lower price to re-acquire;

    I tend to agree. There were initially 5 bids over 500K. Top one was pulled as was another. Attracted sellers, 600K+ now traded, not one of the remaining 3 500K sellers has been hit. As you say if you wanted to sell such large quantities you wouldn't show pony them to scare off potential buyers.

    Dirty tricks as usual, should be banned, should be easy to find the culprit and fine them but it wil never happen. In the meantime share price has been trashed.
 
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